Government aid for airlines will save jobs

JetBlue CEO Robin Hayes said Wednesday that the U.S. airline industry needs additional government aid, warning it may face “a day of reckoning” as the coronavirus pandemic continues to ravage travel demand.  “As we get to the end of the first CARES Act period, through to September, we’re still going to be at a fraction of […]

Southwest Airlines (LUV) posts second quarter loss

Southwest airline planes sit on the tarmac at Fort Lauderdale–Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Southwest Airlines on Thursday posted a $915 million net loss for the second quarter and warned...